Jobs a struggle for adults and teens alike, as adult unemployment tops 10 percent and
teen unemployment soars to an all-time high near 30 percent.
While economists have put the weak economy back on track for recovery, job-seekers
know firsthand that the job market still has a long way to go before we can even
begin to say things are doing okay.
The unemployment rate for adults hit a 26-year high last month, reaching the double digits
(as expected), coming in at 10.2 percent, according to the Labor Deparment.
Much more startling -- and barely reported in the
media, teen unemployment skyrocketed to 27.6 percent last month. It seems that adults (both
college students and older adults) are squeezing teens out of the labor market.
Politically-oriented folks are screaming that the stimulus and other government efforts are
not working -- using the unemployment rate as proof. But Recovery.gov shows that hundreds of
thousands of jobs (many in construction and education) have been saved or created through the
Federal Government's efforts.
There is no question this is one of the toughest job markets in memory. Job-seekers will have
to work extremely hard to not only find job leads, but to fight the competition for those jobs.
Finding a new job can be done; it will take longer, will require much work and effort, and may
even involve having to relocate or make a lateral move or career change.
Furthermore, a "jobs summit" planned for next month by President Obama will hopefully
bring about new ideas for creating additional jobs.
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